Question
The following lists the six New York Stock Exchange volume leaders on June 24. An investor buys 100 shares of GE at the Last Trade
The following lists the six New York Stock Exchange volume leaders on June 24.
An investor buys 100 shares of GE at the Last Trade price, pays a $40 commission on the purchase, and sells the 100 shares a year later for $37.78 per share with a 2% commission on the sale.
(a) Find the total cost. $ (b) Find the total dividend. $ (c) Find the commission when selling the shares. $ (d) Find the capital gain when selling the shares. $ (e) Find the total return for the year. $ (f) Find the percent of return. (Round your answer to two decimal places.) %
Dividend NYSE VOLUME LEADERS By Change GON BLOOD 14.12 NWS-A NO CON LA 16.00 PE 10.1 GDY QUANTO 03.14 COTTING000 XOM ONMOOS. 15.10 Abs10 shot the last de proporcom. the prices and is the 100 shares a yeter for per share with a common on the sale And the LU dheden 9th the commenting the shares red the capital in the Find Bertreturn found you to two decades.) xStep by Step Solution
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